Beyond Fossil Fuels: Fiscal Transition BRICS | Case Study: Brazil
Summary
In 2017, fossil fuels accounted for 55% of Brazil's primary energy supply, with related taxes and revenues comprising 6.8% of general government revenue. The document argues that these revenues should be used to diversify the economy and cover the social costs of a just transition, while the phasing out of fossil fuel subsidies would increase government revenues and support the shift to clean energy.
Key insights
- In 2017, fossil fuels represented 55% of Brazil's primary energy supply, and taxes and other revenues from these sources accounted for 6.8% of general government revenue.
- Brazil's government budget is negatively impacted by subsidies for both the production and consumption of fossil fuels; removing these subsidies equitably would increase revenue and aid the clean energy transition.
- The clean energy transition may reduce government revenues through falling fossil fuel prices and a long-term decrease in the absolute volume of fossil fuel production and consumption.
Cite the original document
- APA
- Kühne,, J. R. (2019). Beyond Fossil Fuels: Fiscal Transition BRICS | Case Study: Brazil. International Institute for Sustainable Development. https://www.iisd.org/publications/beyond-fossil-fuels-brazil
- Chicago
- Kühne,, Joachim Roth,Kjell. Beyond Fossil Fuels: Fiscal Transition BRICS | Case Study: Brazil. International Institute for Sustainable Development, 2019. https://www.iisd.org/publications/beyond-fossil-fuels-brazil.
- Wikipedia
- {{cite report |last1=Kühne, |first1=Joachim Roth,Kjell |title=Beyond Fossil Fuels: Fiscal Transition BRICS | Case Study: Brazil |publisher=International Institute for Sustainable Development |date=12 November 2019 |url=https://www.iisd.org/publications/beyond-fossil-fuels-brazil |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{khne2019beyond, author = {Kühne,, Joachim Roth,Kjell}, title = {{Beyond Fossil Fuels: Fiscal Transition BRICS | Case Study: Brazil}}, institution = {International Institute for Sustainable Development}, year = {2019}, month = nov, url = {https://www.iisd.org/publications/beyond-fossil-fuels-brazil}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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